Continuity Plans may be required by the regulators, but there is no industry standard for how to do Continuity Planning successfully. Does your Continuity Plan include everything it needs to protect your clients, family, and advisory firm if you are incapacitated/unexpectedly die? In this blog, I share 9 warning signs your Continuity Plan is incomplete if a triggering event happens.
Read MoreDo you remember the excitement and big dreams you had for your firm when you launched? The initial honeymoon period of launching an RIA fades over the years. One way I love to reignite my passion for the business is to update my vision for what the firm could look like 3 years from now. In this blog, we’ll dive into 5 tips for updating your advisory firm’s vision documents and share about Ellevate Advisors’ renewed 3-year vision!
Read MoreIf you aren’t familiar with the Enneagram, it is a typing system of 9 personalities typified by what internally motivates and fulfills that person. It is a powerful tool you can use when helping your financial planning clients evaluate money habits and reach their life goals. Here are 9 common money mindsets and financial planning tips advisors can share for each Enneagram type!
Read MoreAs the financial industry continues to evolve, it has become harder and harder for advisors to differentiate themselves. The big question is a familiar one. To niche or not to niche? Here's what I've learned about niching and how to connect to your ideal clients!
Read MoreWriting your own retirement speech can be a special kind of intimidating and awkward! This is your career signoff, and there might be some big emotions involved. My father retired early due to his health. Using what I learned from my dad’s beautiful speech, check out these 5 tips to help advisors write their retirement speeches!
Read MoreThey say there are two sure things in life: death and taxes. As a financial advisor, having a written Continuity Plan in case you can no longer work due to an emergency or suddenly pass away is not only responsible, but it’s also your fiduciary duty. After talking with compliance experts, custodial paperwork gurus, and attorneys, I’ve compiled vital information that every advisor wishes they knew in order to get their continuity plan in place!
Read MoreEvery now and then in life, you realize that something’s got to give. For my husband and I, that moment was when we realized that it was time to sell our house. We loved our home, but not enough to put traveling abroad and our other mutual dreams on hold. Here’s our story as proof that YOU can do whatever it takes to make your dreams come true!
Read MoreYounger advisors want to become successors but often feel that it’s “not their place” to bring it up. Senior advisors want to pass the torch but may not know how to start the conversation. I get that it can be intimidating to talk succession. So here are my conversation starter tips for sellers and buyers to gain the insights needed to start the succession dialogue!
Read MoreThe “fake it ‘til you make it” mindset has some key flaws when it comes to building an advisory firm. It gives the illusion that we are all experts with flawless plans and foolproof strategies. Here are our tips on how to learn from other advisors while still embracing your own unique path in building your advisory firm!
Read MoreHow can you recognize the ways egocentricity is derailing your life and business? Mindset traps like “keeping up with the Joneses” and “vulnerability is weakness” can wreak havoc in your life and advisory firm. Learn how to overcome these egocentric pitfalls and reach a place of personal and professional peace!
Read MoreWhat will the future of Financial Planning look like? I believe that financial planning is undergoing a new, powerful phase of its evolution! Here are three questions I think every advisor should ask themselves to make sure you evolve with an ever changing industry.
Read MoreThe Disney Movie, Encanto, has taken the world by storm! But, did you know this film can also teach Advisors about what to do (and NOT do) during a Succession Plan? Let's dig into lessons from the family Madrigal about passing on a legacy!
Read MoreFinding a financial advisor when you are one has its own unique challenges. There can be some big mental hurdles to overcome. So, here are three tips that helped me find my own financial advisor and make sure I am practicing what I preach!
Read MoreDo you ever wonder if you’re doing the right things every day to get where you want to go? Having a Vivid Vision is a great way to define what your business is going to look like in 3 years and communicate that to your team! I’m sharing my Vivid Vision for Ellevate Advisors with you today, as well as the process I followed to create it!
Read MoreIf you've been following my story, you know that my family and I recently returned from living and working in France for two months It was an incredible adventure, but also filled with incredible hardship. Keep reading to learn the REAL story of how I practiced self-care during our trip!
Read MoreDid you know I’m running my firm from France right now? It’s not because we’re rich or anything. In fact, with some financial planning, you could be doing the same thing in a few years! Today I’m sharing a few of the life-changing decisions we made to get here. If you want to put something like this in your financial plan, I’m just a phone call away!
Read MoreSellers in internal succession plans assume that their successor already knows how to run a firm and manage clients, and if they don’t, they start to look for a new buyer. This week, I'm sharing my most popular Meeting Agenda Template, which both buyers and sellers have come to love!
Read MoreAn advisory firm can have an excellent transition strategy, with the right team in place to execute the strategy, but the end result can be torpedoed by a low-trust tax, or multiplied by a high-trust dividend. So, how do we create trust? Keep reading to find out!
Read MoreWhat would happen to your business if you were to get hit by the proverbial bus today? I have seen first hand what can happen and it's not pretty. Our online Continuity Course for financial advisory firms is now live! This is your emergency exit planning solution!
Read MoreTrue family wealth is an abundance of what your family most treasures. Here's a formula your family can follow to create your own 100-year financial plan!
Read More
